Blankfein Said to Have Been in 2009 1MDB Meeting

The transcript discusses a 2009 meeting between Lloyd Blankfein, then CEO of Goldman Sachs, and the former Prime Minister of Malaysia. This meeting, initially seen as routine, later became controversial due to its connection to the 1MDB scandal. The presence of Joe Lowe, a central figure in the scandal, was not seen as problematic at the time. The transcript explores the financial and reputational impact on Goldman Sachs, including potential regulatory actions. It also highlights compliance failures within the company and the role of Tim Leissner, a Goldman partner who withheld information. The discussion concludes with a reflection on the responsibilities of executives in cultivating international relationships.

What role did Lloyd Blankfein play in establishing ties with the Malaysian Prime Minister?

What concerns were raised about Goldman Sachs' compliance system in relation to the actions of Tim Leissner?